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Nigeria's central bank holds benchmark rate at 27.50%

By: Reuters     Updated 6 hours ago Nigeria's central bank kept its monetary policy rate unchanged at 27.50% its governor Olayemi Cardoso said on Tuesday. Most economists polled by... 

Tanzania deports foreign activists supporting detained opposition leader

By: Reuters     20th May 2025 Tanzanian authorities arrested and later deported human rights activists from Kenya and Uganda who had travelled to Dar es Salaam to observe a... 

Nigerian flag

Nigeria to hold rates again on hazy inflation outlook

By: Bloomberg     20th May 2025 Policymakers at Nigeria’s central bank are set to keep the key interest rate on hold for a second straight meeting to get a better grasp of the... 

More African News

Sudan army chief appoints former UN official Idris as prime minister

By: Reuters     19th May 2025 Sudan's army chief Abdel Fattah Burhan appointed Kamil Idris, a former UN official and ex-presidential candidate, as prime minister of Sudan's... 

Tanzanian opposition leader appears in court for treason trial

By: Reuters     19th May 2025 Tanzania's main opposition leader Tundu Lissu told his supporters to have no fear as he appeared in court on Monday for the first time since his... 

Africa with country flags

African Central Banks to join emerging market peers easing rates

By: Bloomberg     19th May 2025 Central banks in key African economies are getting set to line up with other emerging-markets in coming weeks and cut interest rates where... 

Potatoes on ground

Standard Bank agriculture expert says now is the time for tangible AfCFTA progress

By: Marleny Arnoldi     19th May 2025 The increasing trade turmoil globally has emphasised the need and urgency to capture the intra-Africa trade opportunity that is the African... 

Food Aid

US aid cuts leave food for millions mouldering in storage

By: Reuters     16th May 2025 Food rations that could supply 3.5-million people for a month are mouldering in warehouses around the world because of US aid cuts and risk... 

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